Shreeyash Industries receives Rs 21.30 crore order

Shreeyash Industries Ltd has informed BSE that the Company is in the process of manufacturing 'Oxford Shirts' for an Italian Brand by the name of M/s. Vancini. The order has been issued to the Company by M/s. Colombo Trade, Breschia, Italy.The trial order of 5000 shirts is under production, after which the regular order is for 50,000 shirts per month. The price negotiated is Rs. 355 per shirt FOB Hyderabad, amounting to Rs. 21.30 Cr.The price has been quoted in Indian Rs keeping in mind the volatile nature of international currencies.Source : BSE

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